A quantity with an initial value of 860 grows continuously at a rate of 20% per year. What is the value of the quantity after 24 months, to the nearest hundredth? Various forms and units

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Answer:

In this equation, the 100 represented the initial quantity, and the 0.50 was the percent ... If a bank offers a 24 month CD with an annual interest rate of 1.2% ... up an exponential function, with our initial amount of $1000 and a growth rate of r ... An initial substance weighing 20g is growing at a continuous rate of 12% per day.

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